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Najib's Stepson, Riza Aziz, Film Company Pays RM240 Million Settlement To US Over 1MDB!

Published by Callen Charles | 25, Sep 2018

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Will the money be return to us soon?

As most of us knew, the CEO of Red Granite Pictures is former Prime Minister stepson, Riza Aziz, and he has been under the radar by US officials for the 1MDB scandal. Likewise, his company has paid a huge sum to settle it.

Riza Aziz’s film production company has paid off US$60 million to settle graft suit linked to 1MDB!

Source: The Malaysian Insight

Red Granite Pictures has paid off the balance of RM240 million settlements with the US government, bringing an end to charges that production company profited from the money embezzled from 1MDB, Variety reports.

According to the report, which they got from a source, said the funds would ultimately be returned to our government, once certain processing fess were paid.

Source: FMT

Thom Mrozek, a spokesman for the US Attorney’s Office in Los Angeles, released a statement to the press,

“This case was resolved to the satisfaction of both sides with the payment of $60 million, which fell squarely in the estimated valuation of Red Granite Pictures, as determined by an outside expert,”

The company that produced ‘The Wolf of Wall Street’ is owned by Riza Aziz, son to Rosmah Mansor, and was accused of receiving more than RM4 million of funds stolen from 1MDB.

Source: Yahoo News Singapore

Riza Aziz has already been questioned by MACC for about 9 hours on the stolen funds of 1MDB in early July this year.

Hopefully, the processing fee would go smoothly and the monies will be returned to our government just to settle our current financial debts.

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